The Dow Jones Industrial was last listed 0.13 percent lower at 26,084.59 points. The broader S&P 500 gained 0.05 percent to 3115.20 points. The tech-heavy Nasdaq 100 gained 0.19 percent to 10,001.72 points.
The economic outlook in the USA has brightened somewhat. The composite index of leading economic indicators rose more sharply than expected in May. In addition, the business climate in the US Philadelphia region recovered much more strongly than forecast from the slump in the Corona crisis. In contrast, the pandemic continues to affect the US labor market. In the week ending June 13, the number of initial jobless claims fell by 58,000 compared to the previous week. Analysts had expected a stronger decline.
Among the individual values, the securities of the cruise line Carnival Corp, which was badly hit by the virus crisis, were in the investor focus with a loss of 2.0 percent. The Aida parent company posted a net loss of $ 4.4 billion in the second quarter. A year ago Carnival had made $ 451 million. Sales fell from $ 4.8 billion to $ 700 million. This missed the already low market expectations.
Biogen’s shares plunged nearly 7 percent after a court in West Virginia invalidated the patent for Biogen’s bestseller Tecfidera against multiple sclerosis due to a lack of a written description. The biotech company had generated 3.3 billion US dollars with Tecfidera in the USA alone last year.
The US mobile operator T-Mobile US, which belongs to the Bonn Telecom group, will have a new CFO from July 1. Peter Osvaldik succeeds Braxton Carter, who has been with the group for around 19 years and is now retiring. The shares rose 3.6 percent./edh/he
(AWP)
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